

Frank Byrd and Steve Korn
- Aug 26, 2020
Adapt ... Now
Game Over
We are witnessing, in real time, policy makers employ a new level of financial activism. Their old toolkit was to lower interest rates to spur economic growth. That no longer works. Hence, they're resorting to radical new tools. There will be consequences -- some intended, some unintended. Now is the time for a rethink of your capital allocation, while markets are high and tax rates are low.
Year-to-date, the US money supply is up over 20%, and the Fed’s bala